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road maps which a touching on all these problem areas and things to do with construction permits and taxes ministration and you know the real nitty gritty of the stuff that they need to do. you could say in a way that we're actually now at a second phase in russia's develop. and it very much started with putin's innovation may and they have this new plan and they're beginning to to work it out of these twenty two plans and the seven have actually being in orange and this is the crucial year where we get to see how effective they are going to be because the plan is to roll these ideas and make them work and you know the first couple of months they did six months last year you know they had customs reforms the customs service just ignored it entirely so they're going to have to knock heads together and try and make the you know the changes that they want to make it's going to be long slow going it's going to be listening to vent and you know russia isn't a monolithic place that everybody in western media thinks it is yeah you know absolutely i mean you know anybody who lives here knows that
road maps which a touching on all these problem areas and things to do with construction permits and taxes ministration and you know the real nitty gritty of the stuff that they need to do. you could say in a way that we're actually now at a second phase in russia's develop. and it very much started with putin's innovation may and they have this new plan and they're beginning to to work it out of these twenty two plans and the seven have actually being in orange and this is the crucial year...
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369
Jan 25, 2013
01/13
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CNBC
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that was taken, as it should have been, to mean higher taxes. didn't mean just higher taxes. it meant higher taxes and less spending and i was specific about that. my ear is attuned for hearing more cuts in spending. i am not hearing it. i would be disappointed if this is all there was. as far as a deal was concerned, i think that that was a stopgap, and i think it was presented like that -- as that. as part of a series of more negotiations that were to follow and more changes, both possibly on the taxing side but certainly on the expenditure side. i'm dying to hear the -- to hear the expenditure and less spending side. i agree with that. but i'm not -- i'm not -- i wouldn't use the term disappointed until this whole process is over. i don't think we're in the -- i don't think we're in the seventh inning of this process. >> yeah. >> because at this point, we're -- >> at this point we're at, you know, simpson-bowles and rivlin domenici and the gang of all of these the idea was to get rid of a lot of the deductions and loopholes, so that you could broaden the base with a lower
that was taken, as it should have been, to mean higher taxes. didn't mean just higher taxes. it meant higher taxes and less spending and i was specific about that. my ear is attuned for hearing more cuts in spending. i am not hearing it. i would be disappointed if this is all there was. as far as a deal was concerned, i think that that was a stopgap, and i think it was presented like that -- as that. as part of a series of more negotiations that were to follow and more changes, both possibly on...
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Jan 24, 2013
01/13
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CNBC
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avoidance, sort of global tax avoidance issue? >> no, i did not. i'll stay quiet on that one. >> the other big topic here, energy. >> yes. >> and in particular, the u.s. energy situation, shale, fracking, et cetera, you bullish, you bearish, where do you think we really are? i mean people have prognosticated for now awhile that we were going to get there but doesn't seem like we're there. >> andrew, i think it is the bull case for the world. so to answer your question, i'm billish. and i think it's a game changer. and i think it is probably the story of global economic recovery if handled right. and frankly, the beneficiaries of that will be the u.s. consumer. u.s. jobs. i mean just in the downstream value added industries which i'm a part of $96 billion of investment already announced. 5 million new jobs over the next five years. huge value adder to a low-cost energy base. >> i don't know if you saw the president's inauguration speech. >> i caught part of it. >> do you feel that this administration, and forget about the administr
avoidance, sort of global tax avoidance issue? >> no, i did not. i'll stay quiet on that one. >> the other big topic here, energy. >> yes. >> and in particular, the u.s. energy situation, shale, fracking, et cetera, you bullish, you bearish, where do you think we really are? i mean people have prognosticated for now awhile that we were going to get there but doesn't seem like we're there. >> andrew, i think it is the bull case for the world. so to answer your...
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Jan 24, 2013
01/13
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KRON
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then you add security, a disability, federal taxes. and other payroll taxes. intel has more employes in oregon and california. apple opened up a new campus in texas. these are people that have more to the bay area that are leaving. this will hurt because proposition 13 is stinging people in california. >> i and i was in tell you when i retire i am leaving the state. >> you cannot count sales tax at 10 percent. >> if you live in oregon you did not pay sales tax. i count celotex. >> you have to live in oregon. >> you can live in oregon, or florida, or nevada. >> and in dollars retirement in california vs. an oregon is a big difference. >> the dreamline. cohen is getting a bit wet for this one. boeing is having a big problem with this one. >> they introduced this a couple of years ago it was said to be enjoyable heading into a payment systems and very comfortable. it is still having hiccups' but any great innovation does. it takes time to get them out. it will be a premier a jet for the next 30 years. i like the innovation leaders today we sought apple did cremat
then you add security, a disability, federal taxes. and other payroll taxes. intel has more employes in oregon and california. apple opened up a new campus in texas. these are people that have more to the bay area that are leaving. this will hurt because proposition 13 is stinging people in california. >> i and i was in tell you when i retire i am leaving the state. >> you cannot count sales tax at 10 percent. >> if you live in oregon you did not pay sales tax. i count...
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Jan 25, 2013
01/13
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KGO
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. >> the squatter simply had to file a legal notice, pay taxes and liens and openly live in the house. if the original owner does not object and the bank does not take action, the house is legally his in seven years. >>> an uninvited visitor caused quite a buzz at the white house. a pesky fly decided to hover around president obama's face as he was announcing his nomination for the s.e.c. it even landed for a moment right in his forehead. but this fly got a presidential pardon, unlike the one he famously splattered during an interview four years ago. >>> and from l.a., a rescue worthy of hollywood. it featured a small dog and a somewhat elaborate zip line system. somehow the pooch had gotten on to a small island in l.a.'s mcarthur park. it was shivering in the rain. so, after considering several options, the rescue squad set up the zip line. no one knows who owns the dog. it doesn't have a microchip. >>> and turning to england. a woman fell straight into a canal, that's right, while texting as she walked. she admitted she wasn't paying attention and claimed that the canal's gray ice l
. >> the squatter simply had to file a legal notice, pay taxes and liens and openly live in the house. if the original owner does not object and the bank does not take action, the house is legally his in seven years. >>> an uninvited visitor caused quite a buzz at the white house. a pesky fly decided to hover around president obama's face as he was announcing his nomination for the s.e.c. it even landed for a moment right in his forehead. but this fly got a presidential pardon,...
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Jan 28, 2013
01/13
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increases that are comes into play, the obama care tax increase and increase on incomes higher than $400,000 a year in earnings, you know, that's going to create some drag. but, you know, i get a sense, kelly, when we do our own analysis at hamilton play strategies, we think that the u.s. economy will be able to power through that this year, even with the -- even with the drag. so, you know, solid growth, but certainly not matching some of the euphoria that we've seen in the last couple of months. >> it's extraordinary because if you say this is a 1.5% drag which is roughly some of the estimates i've seen lately on this and where gdp is almost in the 2.5% range that would suggest we're somewhere in the growth of 1.4%. you could understand why markets are doing better. but unfortunately the what could have or should have doesn't matter too much. if it's the opposite, it will be are reminder of how growth was in the fourth quarter. >> i think the ee zester and the tax increases will take the top off of growth. i think we would have been looking at a very good year, very strong year if
increases that are comes into play, the obama care tax increase and increase on incomes higher than $400,000 a year in earnings, you know, that's going to create some drag. but, you know, i get a sense, kelly, when we do our own analysis at hamilton play strategies, we think that the u.s. economy will be able to power through that this year, even with the -- even with the drag. so, you know, solid growth, but certainly not matching some of the euphoria that we've seen in the last couple of...
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two how the vatican built a secret property empire using mussolini's millions purposely used offshore tax havens to create five hundred million pounds international portfolio featuring real estate in the u.k. france and switzerland but max they discovered that the church's international portfolio has been built up over the years using cash originally handed over by mussolini and turn for papal recognition of the italian fascist regime and one nine hundred twenty nine so in terms of asos and plans for killing off the old people essentially who is going to be the one that blesses there you know. not going to be jesus. jesus no no part of that the buddha. jesus checked out of the catholic church lone ago because of the in bed with the if. they are part of long well this is the thing we're going to cover this actually they don't want to get an expert on this but they own huge swathes of london using mussolini's money who mussolini paid them this seed money. in exchange for blessing his fascism but this is what the rats of jesus on line want any sense angry. i stay here with us all it's got to
two how the vatican built a secret property empire using mussolini's millions purposely used offshore tax havens to create five hundred million pounds international portfolio featuring real estate in the u.k. france and switzerland but max they discovered that the church's international portfolio has been built up over the years using cash originally handed over by mussolini and turn for papal recognition of the italian fascist regime and one nine hundred twenty nine so in terms of asos and...
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Jan 28, 2013
01/13
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CNN
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exceptional offer ...tax time can ofbe...well...taxing. so right now we'll give you... ...$10 off any turbo tax deluxe level software or higher! find thousands of big deals now... ...at officemax. all stations come over to mission a no go call. go. this is for real this time. we are on step seven point two one two. we have entered our two minute hold. cabin venting has been inhibited. copy that. sys two, verify and lock. command is locked. flight computer state has entered auto idyll. three, two, one. the falcon 9 has launched. preparing for nose cone separation. standing by for capture. the most innovative software on the planet... dragon is captured. is connecting today's leading companies to places beyond it. siemens. answers. . >>> four people are under arrest in kexz connection with this weekend's deadly fire at a brazilian nightclub. we have more on the top stories with a horrendous story. >> two arrested are the club's owners other two are members of the band who were performing. it coincided with a pyrotechnics show that may have c
exceptional offer ...tax time can ofbe...well...taxing. so right now we'll give you... ...$10 off any turbo tax deluxe level software or higher! find thousands of big deals now... ...at officemax. all stations come over to mission a no go call. go. this is for real this time. we are on step seven point two one two. we have entered our two minute hold. cabin venting has been inhibited. copy that. sys two, verify and lock. command is locked. flight computer state has entered auto idyll. three,...
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Jan 26, 2013
01/13
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FBC
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increases do not reduce the deficit because every dollar of tax increase leads to, of $1.17 in additional spending but spending more money to people who will waste it only encourages them. we are not sending any more and. >> most economists agree you need a comprehensive mixed of cuts and increases. liz: i am done with the economist. we tried that and look where we are. we have a huge entitlement problem. >> also in the uk we have that. liz: britain is not the size of the united states. we have different issues. >> yes but we have to much austerity you do not want to go our direction. liz: you have been terrific. have a terrific weekend. thank you for watching. lou: good evening, everybody. a federal appellate court ruling that president obama violated the constitution more than a year ago when he made three recess appointments to the national labor relations board. this week began with the administration's all-out assault on the second amendment and our right to own guns and concludes with this federal court ruling that the administration acted against the constitution and in so doing th
increases do not reduce the deficit because every dollar of tax increase leads to, of $1.17 in additional spending but spending more money to people who will waste it only encourages them. we are not sending any more and. >> most economists agree you need a comprehensive mixed of cuts and increases. liz: i am done with the economist. we tried that and look where we are. we have a huge entitlement problem. >> also in the uk we have that. liz: britain is not the size of the united...
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Jan 27, 2013
01/13
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FOXNEWS
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new honey bunches of oats greek. ...tax time can ofbe...well...taxing. so right now we'll give you... ...$10 off any turbo tax deluxe level software or higher! find thousands of big deals now... ...at officemax. ♪ >> this c1 ♪ >> this past monday millions of americans watched barack obama took the oath of office for his second term as president of the united states of america and this coming monday, the party really starts! hey, everybody, it's me, your vp joe biden and i'm inviting you all to join me this monday at the dover motor speedway in dover, swear for a little party i like to call the bash. this one is about fun. we are going to have cotton candy, an amateur dog show, an abandoning castle. do you think you can jump higher than me, find out in the game i call, do you think you can juu t higher than me and be sure to join me for my kung fu exhibition! biden time, oh! >> that's a show i'd watch. >> ainsley: he is one of the best on "saturday night live." >> clayton: such a gregarious guy, you had i'd like a show with him. >> tucker: the vice-pr
new honey bunches of oats greek. ...tax time can ofbe...well...taxing. so right now we'll give you... ...$10 off any turbo tax deluxe level software or higher! find thousands of big deals now... ...at officemax. ♪ >> this c1 ♪ >> this past monday millions of americans watched barack obama took the oath of office for his second term as president of the united states of america and this coming monday, the party really starts! hey, everybody, it's me, your vp joe biden and i'm...
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Jan 24, 2013
01/13
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CNBC
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obviously, a lot of investors still reeling from all the debate over a dividend tax, carried interest tax to what degree do you think those are going to be on the table as we try to work out some larger bargain? >> difficult to itemize or list what will be on the table. i will say, this the finance committee has worked for many months now to try to come to a consens consensus, early efforts just in this month, chairman baucus, talking to him yesterday, about this, reporting on where they are. so, i think there's a real sense of urgency now to get a consensus on tax reform, to have a simpler and fairer systems to deal with areas were there's consensus. believe it or not, despite all the fighting in washington, there's a great consensus that we need tax reform and i think there's a growing consensus about even the elements to it. >> well, tax reform, the question is the tax tape, do you thank you obama is shifting the debate now, that there is going to be far more taken in greater taxes for the wealthy and far less in spending cuts because that is the cret rick? >> difficult to predict.
obviously, a lot of investors still reeling from all the debate over a dividend tax, carried interest tax to what degree do you think those are going to be on the table as we try to work out some larger bargain? >> difficult to itemize or list what will be on the table. i will say, this the finance committee has worked for many months now to try to come to a consens consensus, early efforts just in this month, chairman baucus, talking to him yesterday, about this, reporting on where they...
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Jan 23, 2013
01/13
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CSPAN
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eye 101
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they talk about tax increases on the top 1% and tax breaks for the different class as. any more, it seems to me, that we do not have an upper, middle, or lower class. we have the haves and have-nots. we need to move in the direction, starting with the budget, to close the gap and bring back the middle class. host: can give us more specifics about what that would mean to you? what would congress do? caller: i would say, first, the debt ceiling there were talking about passing, i think it's a good time, a good thing for the short term. but what is stopping them from in may saying we need three more months and just kicking the can down the road? there has to be some consequences for republicans and democrats to actually say you've got to do this by a certain time or you don't have any more money to spend, so you don't get a raise. something has to be done to snap some reality back into congress. right now our grandchildren will end up paying our debt. that is pretty sad. i never thought there would be a day that i would say that. unfortunately, it is here. host: here's mor
they talk about tax increases on the top 1% and tax breaks for the different class as. any more, it seems to me, that we do not have an upper, middle, or lower class. we have the haves and have-nots. we need to move in the direction, starting with the budget, to close the gap and bring back the middle class. host: can give us more specifics about what that would mean to you? what would congress do? caller: i would say, first, the debt ceiling there were talking about passing, i think it's a...
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Jan 22, 2013
01/13
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CNBC
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california and state tax hikes. the four-time major winner says he may move out of california or even retire. mickelson says if you add up everything, his tax rate is about 62%. he flirted with becoming part-owner of the san diego padres baseball team but backed out and now says taxes had something to do with it. so it seems we have our own version of girard dipardou. >>> one of the big points about yesterday's presidential inauguration was what michelle obama would wear. earlier monday, as you can see there, michelle obama wore a navy coat and dress by tom brown and belt and gloves by j. crew. that's another long time favorite. the first lady has established herself as an international style trend setter and the clothes she has worn have sold out at retailers. j. crew is private now, but who knows, maybe there will be investor demand soon. u.s. "squawk box" is up next.
california and state tax hikes. the four-time major winner says he may move out of california or even retire. mickelson says if you add up everything, his tax rate is about 62%. he flirted with becoming part-owner of the san diego padres baseball team but backed out and now says taxes had something to do with it. so it seems we have our own version of girard dipardou. >>> one of the big points about yesterday's presidential inauguration was what michelle obama would wear. earlier...
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Jan 27, 2013
01/13
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WBFF
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point three million &pdollars a ddy for not following tte actt businessessto exempt from llá - state taxes. currently churches and religious based hospitals and universities do not have to cover emergenny contraception. calling it a freak accident in 7-year-oll boyy was buried in the saad by his youngee brother at a locca farm house....when tte "yoonger brother" noticed that his olderrbrothhr stooped went into cardiac arrest...by time he arrived at the hospital he was dead. pprents atta michigan elementarr school are outrage afterra third graderr prings a gun to sshool for the second time.. police say the boy first brought the gun to school thuusday and ssowed it tooclassmates. the boy claimed he had the gun for protection and that hee ot it from a family member. police did confiscate tte gun....but now parents are ponddring wwat oold have happened if the gun was fired. 3 a group of online hacking activists are going after the government by taking over a federal website. they're claimiig retaliation foo the eath f a fellow "arthel nevelle" as the - next. the onliie hacking roup, rogue acti
point three million &pdollars a ddy for not following tte actt businessessto exempt from llá - state taxes. currently churches and religious based hospitals and universities do not have to cover emergenny contraception. calling it a freak accident in 7-year-oll boyy was buried in the saad by his youngee brother at a locca farm house....when tte "yoonger brother" noticed that his olderrbrothhr stooped went into cardiac arrest...by time he arrived at the hospital he was dead....
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Jan 23, 2013
01/13
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CNBC
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eye 108
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is that because of this situation right now the way we're talking about taxes in america? >> the short answer is no. we feel a responsibility to return to our community and for everything that they do, and we have created a foundation, and we focus on education. we focus on helping eliminate poverty in america, and we have very structured programs where we match employee gifts, and we're proud to save. >> you don't think the shareholders were angry about that or upset with that, or your first duty isn't to the shareholder? >> the shareholders would not have received -- would have received this and would have gone into our cash flow and more generally we have very substantial cash flow. we have no doubt. we're able to invest at the levels we want. >> okay. >> we're in a situation where we are able to return to our communities across america. >> i should have probably asked this first, but i'm going ask you as you let it go here. you're down 15 plus%. what do you make of that and say to the share holders who have been fleeing today? >> would i say it's a moment in time and s
is that because of this situation right now the way we're talking about taxes in america? >> the short answer is no. we feel a responsibility to return to our community and for everything that they do, and we have created a foundation, and we focus on education. we focus on helping eliminate poverty in america, and we have very structured programs where we match employee gifts, and we're proud to save. >> you don't think the shareholders were angry about that or upset with that, or...
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Jan 25, 2013
01/13
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CSPAN2
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eye 102
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the people have given us seven years of extra taxes. but i saw the wisdom adjusted, pay down our guests and stories receipts against the leaner times that will surely follow. in the midst of the great depression, franklin roosevelt said there's a mysterious cycle in human events. to some generations much is given. of others, much is expected. this generation has a rendezvous with destiny. we write in california have a rendezvous with destiny. around spc data and skepticism about about her future of america. but we have accomplished together all the people in assuming that you'll accomplish coming up. indeed the whole history of california belies such pessimism. i wonder how california began. in 1769 under king charles the third, orders were issued to dekalb ace, occupy important sites, san diego monterey for the crown of spain. his brave men made their way slowly north along an unchartered pass. eventually they reached moderate, could recognize that they had identified him as supplies failing, they marched san diego. for us to eat the f
the people have given us seven years of extra taxes. but i saw the wisdom adjusted, pay down our guests and stories receipts against the leaner times that will surely follow. in the midst of the great depression, franklin roosevelt said there's a mysterious cycle in human events. to some generations much is given. of others, much is expected. this generation has a rendezvous with destiny. we write in california have a rendezvous with destiny. around spc data and skepticism about about her...
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Jan 28, 2013
01/13
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CSPAN2
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policymakers who believe in structural reforms, privatization, tax reforms, budget cuts, labor mobility, and they need to be competitive both internally and externally. if you don't have, if you don't have plans like that you will not get them back to growth anytime soon. so it's very, very important that you do that. seven, the point is the private sector. and i think this is a problem. because at the beginning there was no interest in the case of greece and some of these other countries involved in the private sector. and, in fact, it was a when things got so bad that greece called upon the private sector with the european union. the european central bank and the international monetary fund, to really get the private sector involved. and there you had a big haircut that could've been dealt with earlier. it would have been as bad and now they just have to do another debt buyback problem, operation, which is still a problem. so i think the idea getting the private sector involved early on, and we show this both in latin america and asia, the asian financial crisis. korea has been a good
policymakers who believe in structural reforms, privatization, tax reforms, budget cuts, labor mobility, and they need to be competitive both internally and externally. if you don't have, if you don't have plans like that you will not get them back to growth anytime soon. so it's very, very important that you do that. seven, the point is the private sector. and i think this is a problem. because at the beginning there was no interest in the case of greece and some of these other countries...
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Jan 29, 2013
01/13
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KRON
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. >> it is almost tax time and if you are planning to claim certain education credits you need to do your homework. if you file form 88-63 the irs says do not file your return until mid february. the irs says that it needs to update processing systems before the form can be accepted. this impacts you if you have taking advantage of the american opportunity tax credits or the lifetime learning credit. other education benefits like tuition and fees and student loan interest deductions can still be clang starting on wednesday. >> san francisco mayor ed lee says that fixing the problems with the muni is on his list of top priorities. lee has already had success overhauling the cities of business tax and lining up funding for housing programs. he is hoping to bring that same success to overhaul in muni by creating a task force to help fix the system. his goal is to create a system that is capable of handling the population projections of 2030. >> the california highway patrol are continuing their investigation into a slide show that happened over the weekend. they are using these youtube
. >> it is almost tax time and if you are planning to claim certain education credits you need to do your homework. if you file form 88-63 the irs says do not file your return until mid february. the irs says that it needs to update processing systems before the form can be accepted. this impacts you if you have taking advantage of the american opportunity tax credits or the lifetime learning credit. other education benefits like tuition and fees and student loan interest deductions can...
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132
Jan 25, 2013
01/13
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MSNBCW
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eye 132
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letting start-ups, tax reform, and regulatory reform help. that's what we need more. >> you really think we need more? >> i mean, you want to make fun of -- >> i don't ever make fun of playing. i like my politicians who play. and who have cameras around when they do. what did you learn today, sam? >> you picked your clothes by number. i have no idea. the sweater collection could probably use an upgrade. >> this is number 47 right here, by the way. >> this is the hollywood business sweater, right? >> that's right! >> i learned about super fierce sri lankan women fighter, and victor garber is wonderful, and my neighbor. which is great. >> if it's way too early, harold, what time is it? >> it's time for "morning joe". >> but coming up next -- >> is my man, chuck todd on "the daily rundown". >> no, luke. >> luke russert! >>> taking it to the streets, vice president biden heads into virginia to make the case for new gun law. can a campaign-style push pressure congress to get something done. forewarned on the bayou. louisiana governor bobby jindal
letting start-ups, tax reform, and regulatory reform help. that's what we need more. >> you really think we need more? >> i mean, you want to make fun of -- >> i don't ever make fun of playing. i like my politicians who play. and who have cameras around when they do. what did you learn today, sam? >> you picked your clothes by number. i have no idea. the sweater collection could probably use an upgrade. >> this is number 47 right here, by the way. >> this is...
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you're out you will be out for a long time and you can't influence it any more the financial transaction tax the next step that might harm london it might help london we will see but in the long run of course if you can't influence the rules you will lose ok tell me what that is on the go ahead go ahead tony there's a dishonesty right at the heart of this debate which is that europe always talks about more europe and the need for rules and regulations but the fundamental british objection the thing that's driving britain out of the e.u. is democratic accountability and nobody in the other european institutions wants to talk about the fact that people in their member countries were never really asked whether or not they want a single political state which is the general direction of travel of the year at the moment all these cuts britons are going to be asked that question and we pretty much know the answer but nobody else is being asked whether they do want but if they did they would be much more parents of britain so they could have some democratic influence on e.u. institutions that it wou
you're out you will be out for a long time and you can't influence it any more the financial transaction tax the next step that might harm london it might help london we will see but in the long run of course if you can't influence the rules you will lose ok tell me what that is on the go ahead go ahead tony there's a dishonesty right at the heart of this debate which is that europe always talks about more europe and the need for rules and regulations but the fundamental british objection the...
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Jan 29, 2013
01/13
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FBC
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eye 936
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officemax knows... ...tax time can be...well...taxing. so right now we'll give you... ...$10 off any turbo tax deluxe level software or higher! find thousands of big deals now... ...at officemax. ashley: is half past the hour. taking a look at the dow 30 right now. we are up 65 points. let's head to the floor of the new york stock exchange where nicole petallides is standing by. nicole: we have watched the markets get closer and closer to 14,000. it has been an exciting time. how do you think you feel traders feel about the fact that we went from 6500 almost back to our all-time high. >> there is a fair amount of interpretation that we are already overextended, overbought. we are sticking up that bullish sentiment in there. if you look at what is happening, we are making higher lows with each day. we have done that with ten sessions. when we pulled back, it is higher each time. i spoke to one guy before i came on the air and he sees no reason why we can't go back to the old high in 2007. nicole: there you have it. everyone was saying that
officemax knows... ...tax time can be...well...taxing. so right now we'll give you... ...$10 off any turbo tax deluxe level software or higher! find thousands of big deals now... ...at officemax. ashley: is half past the hour. taking a look at the dow 30 right now. we are up 65 points. let's head to the floor of the new york stock exchange where nicole petallides is standing by. nicole: we have watched the markets get closer and closer to 14,000. it has been an exciting time. how do you think...
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Jan 21, 2013
01/13
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should government tax harder or should spending be cut harder? not only is there no agreement, but the democrats now are saying, listen, forget the debt ceiling. let's get rid of that silly little thing. but do we actually need a budget? >> so we're learning that we may finally get a budget for the first time in what, three years? significant, though, because these are just templates. >> i great, they are templates. but letting go at a time when the debt is compounding is worrying. however, having said that, you can get worried about that as a market participant, but as long as the federal reserve has open ended quantitative easing, nothing is going to happen from the long end. >> from a market point of view, we were talking about allen capper about this last hour. but from a market point of view, the best outcome is something that lowers the long-term debt outcome. but we keep get ago worsening of the long-term debt profile and a hit to the near term. that is a mix that markets understandably don't like. >> and as long as the fed is funding the
should government tax harder or should spending be cut harder? not only is there no agreement, but the democrats now are saying, listen, forget the debt ceiling. let's get rid of that silly little thing. but do we actually need a budget? >> so we're learning that we may finally get a budget for the first time in what, three years? significant, though, because these are just templates. >> i great, they are templates. but letting go at a time when the debt is compounding is worrying....
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Jan 25, 2013
01/13
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it's not till november that the tax laws allow that to be. i do believe it's going to blow a quarter. i think mtw should split itself up into two separate companies. food, service, and cranes. remember those ice machines when you go out to -- ice machines, you feel like you're getting something for free. it's really water. we also get results from beemus. its tom symbol is bms, which stands for buy my stock. here's the stock i mentioned earlier this week as part of the brand new bull market in packaging of all things. you're going to sey 15id that. i'm expecting a very good quarter after the close. we get the new one, the ipo, barry plastics. the other packaging bull market player. i think there's a lot to like here too. on the lookout for both of these. if buy my stock goes down ahead of when it reports, buy its stock. all right. now, on friday morning i think you're going to see the contrast between the world's largest oil company, exxon, which has truly become a serial disappointer, and chevron, which has become a company that delivers som
it's not till november that the tax laws allow that to be. i do believe it's going to blow a quarter. i think mtw should split itself up into two separate companies. food, service, and cranes. remember those ice machines when you go out to -- ice machines, you feel like you're getting something for free. it's really water. we also get results from beemus. its tom symbol is bms, which stands for buy my stock. here's the stock i mentioned earlier this week as part of the brand new bull market in...
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Jan 29, 2013
01/13
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every year than my father and mother would pay in taxes as an immigrant family with a first and second grade education. i think that's a perfect example of why this is important. the bess they can we can do for the economy is to get this immigration -- comprehensive immigration reform right and get it done now. >> indeed. david, despite what we have just heard from the congressman who is very enthusiastic, rush limbaugh says the government's dole is what lures immigrants here. take a listen. >> i have seen a number of research, scholarly research data, which says that vast majority of arriving immigrants today come here because they believe that government is the source of prosperity. >> so that heaving mass of poison says that the borders are literally stacked full of people coming to take entitlements and benefits. >> yaen time yanytime you hear word scholarly research data and rush limbaugh together you know something is wrong. the congressman just told us a very shorthand story of his own family. obviously that one anecdote and many others we know of disprove what rush limbaugh is
every year than my father and mother would pay in taxes as an immigrant family with a first and second grade education. i think that's a perfect example of why this is important. the bess they can we can do for the economy is to get this immigration -- comprehensive immigration reform right and get it done now. >> indeed. david, despite what we have just heard from the congressman who is very enthusiastic, rush limbaugh says the government's dole is what lures immigrants here. take a...
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Jan 29, 2013
01/13
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well, we can't just get to this problem by dealing with tax increases. this seems to be the preferred method of dealing with our deficits and debt, by raising taxes, which of course happened as a result of the fiscal cliff negotiations where taxes have gone up on americans roughly $60 billion a year, almost $600 billion over the next ten years. but the president's budgets nevertheless continue to ask for more revenue, but the message from this side of the aisle has been the president has gotten his pound of flesh on taxes. now it's time to deal with spending. unfortunately, we no longer have the luxury of delaying our toughest fiscal decisions. our gross national debt is now larger than our entire economy and we're now facing more than $100 trillion in unfunded liabilities for things like medicare and social security, promises we won't be able to keep unless we act now to put them on a fiscally sustainable path. i'm glad that our house colleagues have passed the no budget, no pay bill. i think most americans appreciate the fact that if congress doesn't d
well, we can't just get to this problem by dealing with tax increases. this seems to be the preferred method of dealing with our deficits and debt, by raising taxes, which of course happened as a result of the fiscal cliff negotiations where taxes have gone up on americans roughly $60 billion a year, almost $600 billion over the next ten years. but the president's budgets nevertheless continue to ask for more revenue, but the message from this side of the aisle has been the president has gotten...
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Jan 27, 2013
01/13
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the responsibility of congress is to appropriate, to tax and spend that money. that's become -- to say the job of congress is to tax as soon as i put it in that language, it's an id logical statement rather than a descriptive statement of the job of congress. >> we are seeing the same thing. the question becomes, i disagree with you a little bit. we are at 8.9% unemployment rate. i don't know if it's the job of the government to create jobs, i believe it's the job of the government to create an environment to create jobs. what does that mean? if we don't have our fiscal house in order, how is the government, excuse me, the private sector going to look at us from a responsibility? >> everyone saying stimulate now, cut back later. we did one stimulus bill, it wasn't large enough and we didn't follow it up. >> whose fault was that? >> we need to stimulate now. we are not doing any stimulus and talking about cutting back. it's what they say not to do. >> bobby jindal, who we give a hard time to on this show regularly, he said something similar to this on the rnc mee
the responsibility of congress is to appropriate, to tax and spend that money. that's become -- to say the job of congress is to tax as soon as i put it in that language, it's an id logical statement rather than a descriptive statement of the job of congress. >> we are seeing the same thing. the question becomes, i disagree with you a little bit. we are at 8.9% unemployment rate. i don't know if it's the job of the government to create jobs, i believe it's the job of the government to...
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Jan 28, 2013
01/13
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evasion and tax fraud. i think it's enormously important issue, and i think the regulation on the shadow banking system, um, also needs to play a very important role for the russia meeting for the g20. we have quite a lot of regulation for our banks, basel iii comes to mind here. here, actually, we have to be vigilant that the lending capacity that is to boost, after all, economic growth doesn't get too contained, too limited, and i can only hope and join our partners in the united states to introdiscuss deuce this -- introduce this as well, otherwise a new imbalance here. through better regulation of banks, the capital that they need to the capital reserves that they need to have, we also see moral hazard in the sense that people increasingly seem to fly into the shadows of shadow banking. we were at one in saying when we agreed this at the g20 and the thought that every financial instrument, um, every financial be product, every financial market needs to be placed in regulation. we are very far from that.
evasion and tax fraud. i think it's enormously important issue, and i think the regulation on the shadow banking system, um, also needs to play a very important role for the russia meeting for the g20. we have quite a lot of regulation for our banks, basel iii comes to mind here. here, actually, we have to be vigilant that the lending capacity that is to boost, after all, economic growth doesn't get too contained, too limited, and i can only hope and join our partners in the united states to...
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Jan 24, 2013
01/13
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FOXNEWS
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tax in the first place. both of these guys are from california. mickelson made his hometown there for, he was born and raised in san diego. for him to leave the state is a big, big deal. if you're taking home 37 cents on the dollar, 47 cents on the dollar, i think it is okay to speak up. martha: it is something for all americans to give some thought to. bill: why did he apologize? martha: i don't know why he apologized, the backlash against it, saying is it right for any american to spend 63 cents of their dollar, of every dollar they make and hand it over to the government? bill: state, county, federal. martha: so much discussion about fair share and people, people obviously, some people are outraged. he can afford it. that is not the issue. the issue is, at what point is enough, enough of any single human being's income whether they're successful or not. i mean, --. bill: that guy moved to florida he could save 13% of gross today. there is phil. watch him over the weekend. they have a big tournament out th
tax in the first place. both of these guys are from california. mickelson made his hometown there for, he was born and raised in san diego. for him to leave the state is a big, big deal. if you're taking home 37 cents on the dollar, 47 cents on the dollar, i think it is okay to speak up. martha: it is something for all americans to give some thought to. bill: why did he apologize? martha: i don't know why he apologized, the backlash against it, saying is it right for any american to spend 63...
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Jan 24, 2013
01/13
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the tax rates will serve as an anti-stimulus. >> i'll talk about mobile because that's a big growth area for your business. as tablets become much, much more popular out there, what are some of the solutions that verifone offers? and how does that change, more importantly, the mix, and how does it shift the mix in your hardware business? >> well, checking out is not the only place that you pay now, you can pay throughout the store, you can pay in an aisle, you can pay at a roadstand, so our business is flourishing with a number of mobile products for clienteling, which bring the retail clerk and the consumer closer together for opportunities to order off of e-commerce websites in the store to fulfill inventory shortages that you might not have at that time. inventory management, et cetera. so retailers are looking to us for more than just a traditional verifone point of sales systems at the checkout counter, but they're looking for technology throughout the store. that's going to be a very good driver for us in 2013 and 2014. >> do the two solutions coexist or is a replacement of the poi
the tax rates will serve as an anti-stimulus. >> i'll talk about mobile because that's a big growth area for your business. as tablets become much, much more popular out there, what are some of the solutions that verifone offers? and how does that change, more importantly, the mix, and how does it shift the mix in your hardware business? >> well, checking out is not the only place that you pay now, you can pay throughout the store, you can pay in an aisle, you can pay at a...
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Jan 24, 2013
01/13
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so we're assuming that the tax laws are not going to change. we're basically going to put our money to work in places like canada, the uk, israel, russia and asia where they're going to get a return and where we want it. >> that is a change and that starts spreading out, does that mean the rate of pick up in dividend payments and shares -- >> no, we committed to our shareholders 50% of our cash flow we will pay back on them, either in the form of dividends or share buybacks. but i think the key things to take away from davos is we're becoming the innovative leader and many of the concepts appear to be paying out very well for us. >> so what makes more sense for you right now, dividends, increase or a buyback? >> we're going to poll our shareholders. we've committed to giving you 50% back. >> thank you for join onning the program. >> we so appreciate it. >> thank you. now, look, we were going to talk about this but while we've got maria here, derek jeter, right? >> yes. he came to see me at dinner last night. i was talking about when i threw the
so we're assuming that the tax laws are not going to change. we're basically going to put our money to work in places like canada, the uk, israel, russia and asia where they're going to get a return and where we want it. >> that is a change and that starts spreading out, does that mean the rate of pick up in dividend payments and shares -- >> no, we committed to our shareholders 50% of our cash flow we will pay back on them, either in the form of dividends or share buybacks. but i...
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Jan 29, 2013
01/13
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WBAL
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to earn citizenship by paying taxes and passing a background check, among other requirements. >> this is not just a debate about policy. it's about people. >> reporter: mr. obama described a largely similar bipartisan plan in the senate as encouraging, but republicans are already warning the president that there are limits to their willingness to compromise. >> if this endeavor becomes a bidding war to see who can come up with the sizest, quickest and cheapest pathway to green card possible, this thing is not going to go well, folks. >> reporter: still, after winning more than 70% of the latino votes last november, the president's senior advisers say the white house is more than comfortable publicly pressuring republicans. >> and if congress is unable to move forward in a timely fashion, i will send up a bill based on my proposal and insist that they vote on it right away. >> reporter: among those moved by the promise of reform, luis and maria berahas who admit they came to the u.s. from mexico city 14 years ago. visiting from their home in california, their 22-year-old daughter, sale
to earn citizenship by paying taxes and passing a background check, among other requirements. >> this is not just a debate about policy. it's about people. >> reporter: mr. obama described a largely similar bipartisan plan in the senate as encouraging, but republicans are already warning the president that there are limits to their willingness to compromise. >> if this endeavor becomes a bidding war to see who can come up with the sizest, quickest and cheapest pathway to green...
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Jan 23, 2013
01/13
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for example, the 75% tax rate. how do you feel about that? >> actually, it is not yet been lamented because of the caution of the court challenging it. and second thing is, which is very important, it should be temporary. it should be only for two years. so i think it's a temporary -- this is to be understood in the scope of wider effort to adapt the french economy in terms of fiscal adjustment. this is important. >> if it's not temporary, will you leave the country like gerard depardieu? >> no. he's a great actor, but i think he's only -- >> you're going to stick it out? >> yes. >> good to have you on the program. >> a large actor, as well. >> yes. >> you might have noticed. >> thank you. good to see you. >> thank you very much. >>> we'll take a short break. we'll look at health care when we come back. >> we are. we'll talk with ken frazer, ceo of merck. in a rare interviewer. doesn't usually do interviews. we're excited to talk with ken frazier coming up. >>> you're watching cnbc's "worldwide exchange." we're here in davos at the annual mee
for example, the 75% tax rate. how do you feel about that? >> actually, it is not yet been lamented because of the caution of the court challenging it. and second thing is, which is very important, it should be temporary. it should be only for two years. so i think it's a temporary -- this is to be understood in the scope of wider effort to adapt the french economy in terms of fiscal adjustment. this is important. >> if it's not temporary, will you leave the country like gerard...
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Jan 28, 2013
01/13
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FBC
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, now bringing it down to 250 square feet allows them to be more profitable and ultimately pay more taxes. david: a chance for one sentence from each of you. rick, if there was one guy controlling this economy from inside the beltway, what would you tell them to do to simplify your life? >> focus on job creation for small businesses, that is the fuel we need to move this economy forward. david: how would you get that done? what is the best in the government can do to make that happen? >> this is a simple answer for me. lending requirements or lending ability for people to own small businesses especially franchises. it is difficult to get a small business loan right now and i think that can drive the economy by investing in some of the entrepreneurs in this country. david: the president is listening to you, what would you tell him? >> really focus on the job creation. franchisees like mine who want to grow, they want to get involved but limited of getting a loan, it is a difficult challenge. david: you are all heroes, thank you for doing what you do, appreciate you guys coming on. cheryl:
, now bringing it down to 250 square feet allows them to be more profitable and ultimately pay more taxes. david: a chance for one sentence from each of you. rick, if there was one guy controlling this economy from inside the beltway, what would you tell them to do to simplify your life? >> focus on job creation for small businesses, that is the fuel we need to move this economy forward. david: how would you get that done? what is the best in the government can do to make that happen?...
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Jan 25, 2013
01/13
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MSNBC
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it should come from some tax reform, closing loopholes. this is going to be a heck of a fight, and it could go down to the bitter end once again. >> if you thought taxes were dealt with, apparently not. we seem to go back and forth between panic button and a pause button on capitol hill with these sorts of thing. mcconnell had thought that he had settled the issue, and speaker boehner too, with allowing higher rates and some other changes to limit some reductions, to bring in more revenue. they thought, okay, that piece is complete. well, now democrats are looking at putting a budget together that they haven't formally done, but said revenue will be in it. so that will be a huge fight. i think one of the hard parts tc and we struggle with it as journalists, the ideas are complex. the fact that it leads us into the future, it's so hard for any of us to see that crystal ball and know. so the deadlines have become the way they operate. needing short-term, immediate deadlines to force people to act. and that is exhausting for the public as wel
it should come from some tax reform, closing loopholes. this is going to be a heck of a fight, and it could go down to the bitter end once again. >> if you thought taxes were dealt with, apparently not. we seem to go back and forth between panic button and a pause button on capitol hill with these sorts of thing. mcconnell had thought that he had settled the issue, and speaker boehner too, with allowing higher rates and some other changes to limit some reductions, to bring in more...
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Jan 29, 2013
01/13
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i went out of france for tax reasons. you know that. spain might be even more trying to reduce its public deficit over the next couple of years. european officials will not make a decision until next month when they will assess the spanish austerity program on the 22nd of january. it was explained that europe information would have to take into account the growth prospect of the fiscal space for each country in europe and could, indeed, soften the spanish deficit target if the economy continues to contract. that's precisely what we are expecting because for the fourth quarter, we are expecting the spanish gdp to shrink by 0.4%. for the time being, spain has a deficit target of 4.5% for 2013. that seems to be really ambitious if not out of reach. because to meet this new target, the government would need to find $20 billion of additional euro cut. that won't help the spanish economy to go out of recession. for that reason, oli rehn thinks spain will need some incentive from stimulus measure toes improve its economy and boost its labor ma
i went out of france for tax reasons. you know that. spain might be even more trying to reduce its public deficit over the next couple of years. european officials will not make a decision until next month when they will assess the spanish austerity program on the 22nd of january. it was explained that europe information would have to take into account the growth prospect of the fiscal space for each country in europe and could, indeed, soften the spanish deficit target if the economy continues...
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Jan 28, 2013
01/13
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over the weekend, we had some news that japan was going to rely less on debt and more on taxes. you would think that bond yields would go down on that. but you can see here, they've really popped up.if japan start of their bond market, it's going to be a big, big problem. so, you get out of the dxj if you have the ability to short japanese government bonds, do it now. >> and tim, some of the other fundment am reasons that are going on in the population of japan, people are older, they're saving less, i mean, the savings right now is the same here in the united states. 2%. >> yeah, i think this continues. i think what's fundamentally different is that japan is actually seeking to pursue a budget deficit approach. they are effectively a trade surplus, budget surplus country. they are really pushing a weaker yen. this is leading to mass currency war talk. this is a big theme in davos, something that we've been hearing out of the emerging market countries. what is interesting now, a couple of the places like brazil and south africa, have inflation issues and they cannot weaken their
over the weekend, we had some news that japan was going to rely less on debt and more on taxes. you would think that bond yields would go down on that. but you can see here, they've really popped up.if japan start of their bond market, it's going to be a big, big problem. so, you get out of the dxj if you have the ability to short japanese government bonds, do it now. >> and tim, some of the other fundment am reasons that are going on in the population of japan, people are older, they're...
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Jan 27, 2013
01/13
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KPIX
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then in 2011, he was imprisoned for 81 days on allegedly trumped-up tax charges. >> reporter: he was finally released after a worldwide outcry. >> i cannot see anything. reporter: is he sort of a perpetual thorn in the side of the chinese government? >> that is an understatement. they've never seen anyone like him. normally they just lock somebody up and throw away the key. but they're afraid to do that with ai wei wei. >> reporter: though our cbs news beijing bureau was able to speak to ai wei wei this past week, he lives under constant surveillance and was not allowed to travel to the u.s. for his show. >> reporter: but he sent works that speak for him. a serpent constructed from small backpacks like those carried by children who died when their poorly built schools collapsed during the quake. an inspiration made of straightened rods that ai wei wei reformed from twisted iron he had sul vajed from the rubble. in a way this is like a memorial. >> it is also a warning that we need to be straight. we need to stand tall and straight against these kinds of things happening in the future
then in 2011, he was imprisoned for 81 days on allegedly trumped-up tax charges. >> reporter: he was finally released after a worldwide outcry. >> i cannot see anything. reporter: is he sort of a perpetual thorn in the side of the chinese government? >> that is an understatement. they've never seen anyone like him. normally they just lock somebody up and throw away the key. but they're afraid to do that with ai wei wei. >> reporter: though our cbs news beijing bureau was...